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#charitable-giving

Charitable Giving

Donation strategies, tax-deductible contributions, and qualified charitable organizations

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Donor-Advised Fund vs. Private Foundation: A Business Owner's Guide to Giving Appreciated Stock
·mike

Donor-Advised Fund vs. Private Foundation: A Business Owner's Guide to Giving Appreciated Stock

A DAF deducts appreciated closely held stock at fair market value up to 30% of AGI; a private foundation caps the same gift at cost basis and 20%, plus a 5% payout and 1.39% excise tax. Here is how business owners choose between them.

charitable-giving
tax-planning
tax-deductions
Charitable Giving in 2026: Cash vs. Property, $500 Noncash Threshold, and the Appraisal Rule for Donations Over $5,000
·mike

Charitable Giving in 2026: Cash vs. Property, $500 Noncash Threshold, and the Appraisal Rule for Donations Over $5,000

Noncash gifts over $500 require Form 8283 and over $5,000 require a qualified appraisal — and every single gift of $250 or more needs a contemporaneous acknowledgment letter before the return is filed.

charitable-giving
tax-compliance
finance
Nonprofit Thrift Store Bookkeeping: How to Value Donated Goods, Keep the Volunteer-Labor Exclusion, and Stay Off Form 990-T
·mike

Nonprofit Thrift Store Bookkeeping: How to Value Donated Goods, Keep the Volunteer-Labor Exclusion, and Stay Off Form 990-T

Nonprofit thrift store bookkeeping covers the fair value and sold-price methods for donated inventory, IRS Publication 561 receipt thresholds, the roughly 85% volunteer-labor and donated-merchandise UBIT exclusions, and when Form 990-T filing is required.

nonprofit
bookkeeping
tax-compliance
Reducing RMDs With QCDs in 2026: How a $111,000 Charitable Distribution Lowers Your Required Minimum
·mike

Reducing RMDs With QCDs in 2026: How a $111,000 Charitable Distribution Lowers Your Required Minimum

QCDs up to $111,000 in 2026 let IRA owners 70½+ give directly to charity, satisfy RMDs, and exclude the distribution from income.

small-business
retirement-savings
tax-planning
Donor-Advised Funds for Small Business Owners: Timing Charitable Giving Under the 2026 Rules
·mike

Donor-Advised Funds for Small Business Owners: Timing Charitable Giving Under the 2026 Rules

Starting in 2026, itemized charitable deductions only count above a 0.5%-of-AGI floor, while the new non-itemizer deduction excludes donor-advised funds. This guide shows small business owners how to respond — bunching several years of giving into one high-income year, donating appreciated stock to avoid capital gains, and using the 60%/30% AGI limits and five-year carryforward around a business sale.

charitable-giving
tax-planning
tax-deductions
Church Fund Accounting: How to Manage Restricted and Unrestricted Funds
·mike

Church Fund Accounting: How to Manage Restricted and Unrestricted Funds

An estimated $86 billion is lost to fraud inside churches worldwide each year, and most of it starts with one bookkeeping mistake — treating restricted and unrestricted funds as one pool. This guide explains how FASB ASC 958 classifies donor-restricted gifts, the three errors that get church treasurers in trouble, and the monthly habits that keep ministry books compliant and transparent.

nonprofit
bookkeeping
compliance
The New Federal Scholarship Tax Credit (ECCA): What Small Business Owners Should Know Before 2027
·mike

The New Federal Scholarship Tax Credit (ECCA): What Small Business Owners Should Know Before 2027

The Educational Choice for Children Act creates a $1,700 federal income tax credit for cash donations to K-12 Scholarship Granting Organizations, starting with the 2027 tax year — but only in states that opt in. Here is how the nonrefundable, cash-only Section 25F credit works, the five-year carryforward, the 90% pass-through rule for SGOs, and why pass-through business owners should track their state's participation through 2026.

tax-credits
tax-planning
charitable-giving
Professional Organizer Bookkeeping: Package Pricing, Client Property Liability, and Why the Donation Deduction Isn't Yours
·mike

Professional Organizer Bookkeeping: Package Pricing, Client Property Liability, and Why the Donation Deduction Isn't Yours

A bookkeeping guide for professional organizers covering how to book package deposits and maintenance retainers as unearned revenue, the insurance clients expect (general liability, E&O, workers' comp — roughly $1,500–$3,000/year), why the Goodwill donation deduction belongs to the client rather than the organizer, and when a day helper must be classified W-2 instead of 1099.

bookkeeping
small-business
self-employment
Program-Related Investments: How Private Foundations Recycle Charitable Capital
·mike

Program-Related Investments: How Private Foundations Recycle Charitable Capital

Program-related investments let a private foundation count loans, equity stakes, or guarantees toward its mandatory 5% annual payout, then reclaim the capital as it's repaid, but PRIs to non-charitable recipients trigger IRS expenditure-responsibility rules with a 20% excise tax and personal manager penalties for noncompliance.

charitable-giving
tax-compliance
compliance
Accepting Cryptocurrency Donations: A Nonprofit's Guide to Gift Acceptance, Valuation, and IRS Substantiation
·mike

Accepting Cryptocurrency Donations: A Nonprofit's Guide to Gift Acceptance, Valuation, and IRS Substantiation

Nonprofits accepting cryptocurrency gifts over $5,000 cannot rely on exchange prices for tax substantiation — IRS Chief Counsel Advice 202302012 requires a qualified appraisal, and ASU 2023-08 now mandates fair-value accounting for any crypto a nonprofit holds past the point of receipt.

nonprofit
charitable-giving
cryptocurrency
Your Nonprofit Just Received a Bitcoin Donation. Now What?
·mike

Your Nonprofit Just Received a Bitcoin Donation. Now What?

A practical guide for nonprofits accepting cryptocurrency donations — how to write a gift acceptance policy for digital assets, apply FASB's ASU 2023-08 fair-value accounting rules, and meet IRS substantiation requirements including Form 8283 signatures, qualified appraisals over $5,000, and the Form 8282 three-year disposition rule.

nonprofit
cryptocurrency
charitable-giving
How Nonprofits Should Value and Record Gifts-in-Kind Under ASC 958-605
·mike

How Nonprofits Should Value and Record Gifts-in-Kind Under ASC 958-605

ASU 2020-07 requires nonprofits to present contributed nonfinancial assets as a separate line item, disaggregated by category, with disclosed valuation methods. This guide covers the fair-value rules of ASC 958-605 — which volunteer services are recordable, how to value donated goods, professional services, and facility use, the offsetting journal entries, and the $25,000 Form 990 Schedule M threshold.

nonprofit
charitable-giving
financial-reporting
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